CBS.MarketWatch.com

Compuware's unit will buy DPRC's stock for $24 per share in cash. Shares of the information technology services firm
dprc
were trading up 11 to 23 1/4 in recent trading.

In the tender offer, Compuware
cpwr
said it plans to buy no less than 91 percent of DPRC's outstanding shares.

"With a strong presence in the Midwest, Compuware is looking to DPRC to expand its presence throughout the Western, Southwestern and Southeastern United States," said Mary Ellen Weaver, DPRC founder and CEO in a statement.

The Irvine, Calif-based DPRC , which posted revenue of $355 million in the 12 months ending April 30, 1999, provides IT professional services to a diverse group of Fortune 1000 clients nationwide.

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